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Forrest Road, Shotts

Scotland

£280,000
Listed on 13/11/2025

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This 2 bedroom detached bungalow presents a unique opportunity for those looking to invest in property with significant potential. Situated on 1.5 acres of land, the property is complemented by extensive outbuildings and a separate yard, making it ideally suited for equestrian activities, agricultural use, or commercial ventures. Notably, planning permission has been granted for a secure dog field business, adding further value and immediate income potential. While the interior features a fully floored loft that allows for the expansion of an additional two bedrooms (pending building warrant), it fares well with recent renovations including new bathroom and kitchen appliances. The home also benefits from modern enhancements such as cavity wall insulation, solar panels on both sides of the roof, and an air source heat pump with new radiators throughout. The outbuildings have been rewired and equipped with both internal and external water supplies, providing functionality for various uses. Moreover, the property is fully enclosed by a six-foot privacy fence around the workshops which include garage space—a perfect setup for hobbyists or small business owners. With gardens that wrap around the house and additional access gates leading into yard space, this property encourages potential homeowners or investors to explore its varied uses while enjoying a blend of rural tranquillity and convenient access to local amenities in Salsburgh area of Shotts.

Investment Analysis

(ML7 area)
Area Average
£150/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
136%
Properties sold annually

Local Market Trend (ML7)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +6.6%
5 year growth: +41.0%
Investment Disclaimer: Analysis based on ML7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Forrest Road, Shotts
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £210,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-6.7% since listed
£280,000£20,000(-6.7%)
19/03/2026
Current price
£300,000Initial listing
17/03/2026

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